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Mar 18, 2013
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we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in the news and we're moving in the right direction. we are beginning to recover from near financial ruin. but our recovery is fragile and desperately needs a shot in the arm to accelerate our economic recovery. instead the republican-controlled house voted -- thought it best to poison the economy and throw away the antidote. according to leading economists, once sequestration is full yimplemented, america is going -- -- fully implemented, americans are going to lose $2.-- 2.14 million jobs. those are two million jobs that exist now
we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in...
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Mar 23, 2013
03/13
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KQED
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can they tackle tax reform? >> you are also saying medicare costs are beginning to level off. they don't know why, but it's happening. for the first time in years, the democratic senate is actually considering a budget and that means there is possibly a good chance there is going to be a conference committee between the republican house and the democratic senate on the budget that could provide another opening of a bit of a window to again put some of the bigger ideas on the table the gwen: it's also possible that the sequestration, the word i hate to use, but the across the board budget cuts that people said weren't going to make a ig effect, they didn't immediately, are starting to kick in, drirnings drip, drifment >> but they passed 9 resolution to keep the government going for the rest of the year. gwen: well, we'll be watching. thank you, everyone. our conversation has to end here for now but continues online in our "washington week" webcast extra, where among other things we'll consider lessons learned 10 years after he u.s. went to war in iraq. keep up with daily develo
can they tackle tax reform? >> you are also saying medicare costs are beginning to level off. they don't know why, but it's happening. for the first time in years, the democratic senate is actually considering a budget and that means there is possibly a good chance there is going to be a conference committee between the republican house and the democratic senate on the budget that could provide another opening of a bit of a window to again put some of the bigger ideas on the table the...
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Mar 24, 2013
03/13
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what about taxes around the world. do people move from high tax to low-tax areas? the data is more difficult to gleam there. i couldn't help but wonder as i watched him show off his new passport in the russian republic, he would need to spend six months of the year in russia to qualify for its 13% tax rate. to do that, he would have to deal with russia's frigid winters and deal with a culture that is not always friendly to foreigners trade french food for russian food and, most importantly, he'd have to give up what is surely one of life's greatest treasures, living in paris. i don't think i'd make the trade. >>> we'll be right back. up next is america being left behind by the rest of the world in the space race? neil neil degrasse tyson explains. come on, nowadays lots of people go by themselves. no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ even in stupid loud places. to prove it, we set up our call center right here... [ chirp ] all good? [ chirp ] ge
what about taxes around the world. do people move from high tax to low-tax areas? the data is more difficult to gleam there. i couldn't help but wonder as i watched him show off his new passport in the russian republic, he would need to spend six months of the year in russia to qualify for its 13% tax rate. to do that, he would have to deal with russia's frigid winters and deal with a culture that is not always friendly to foreigners trade french food for russian food and, most importantly,...
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Mar 24, 2013
03/13
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everybody who pays income taxes, you just increase your deductions so you're not overpaying your taxes. so really the trade-off isn't going to be do i pay this $1,000 fine for a lot of people versus saving $7,000 by not getting the insurance until i have to. it's going to be, essentially, paying zero fine and then going and saving the insurance premium that's there. $7,000 you'd save each year that you're healthy or $20,000 you'd save each year that your family's healthy is a lot of money to save. it's hard to believe that most people would pass up saving $20,000 a year for their family when i'm sure there's lots of other things they could go and spend their money on. but you could only imagine what happens if everybody decides that they want to go and save that 20,000. this program that was being set up as supposedly a way of making sure everybody's going to get insured is going to find very quickly that nobody's going to want to go and have health insurance at that point. and real problems are going to ensue because relatively quickly then, as soon as people realize that, private hea
everybody who pays income taxes, you just increase your deductions so you're not overpaying your taxes. so really the trade-off isn't going to be do i pay this $1,000 fine for a lot of people versus saving $7,000 by not getting the insurance until i have to. it's going to be, essentially, paying zero fine and then going and saving the insurance premium that's there. $7,000 you'd save each year that you're healthy or $20,000 you'd save each year that your family's healthy is a lot of money to...
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Mar 22, 2013
03/13
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FOXNEWSW
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the nation's parliament rejected a bailout offer which included that tax. but the clock is ticking for the small island nation. europe's central bank has sed a monday deadline for cyprus to come up with a plan to save itself. otherwise, emergency funding gets cut off entirely. that could force cyprus to ditch the eurozone, and investors say change like that could trigger a broader market panic. greg is live for us. greg? reporter: we're standing in front of what is really a symbol of the problems here, an atm machine. i'll ask my cameraman to zoom in on it. this started working in the past hour. we talked to people who have been to 20-30 atms, have not found any cash. they're desperate. a few blocks from where we are the parliament is meeting, trying to come up with a new approach to the bailout plan, and also getting rid of a troubled bank and what is off the tables the nationalization of pension funds. that was even said to be too tough by german officials but the proposal to tap into bigger accounts over $130,000, but that has got to be stirring people u
the nation's parliament rejected a bailout offer which included that tax. but the clock is ticking for the small island nation. europe's central bank has sed a monday deadline for cyprus to come up with a plan to save itself. otherwise, emergency funding gets cut off entirely. that could force cyprus to ditch the eurozone, and investors say change like that could trigger a broader market panic. greg is live for us. greg? reporter: we're standing in front of what is really a symbol of the...
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Mar 24, 2013
03/13
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FOXNEWSW
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i'm for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance there is a way to write it where it would be neutral and you wouldn't bring marriage into the idea of health insurance chris i want to -- >> chris: i want to go back to the filibuster. after you filibustered for 13 hours you got this letter from the attorney general in which he wrote does the president have the authorization to kill an american with a drone to kill an american not engaged in combat on american soil just is answer to that is no. it seems to me what attorney general holder is saying by implication is that the president does have the authority to use a drone strike on an american on u.s. soil who is involved in combat. >> well, here is the thing. i never argued against if people are attacking the twin towers with planes an imminent threat or active ongoing threat i never argued you wouldn't use drones or planes or f-16s to repel that kind of attack. the problem is a lot of our drone attacks are targeted killing overseas are killing people not actively en
i'm for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance there is a way to write it where it would be neutral and you wouldn't bring marriage into the idea of health insurance chris i want to -- >> chris: i want to go back to the filibuster. after you filibustered for 13 hours you got this letter from the attorney general in which he wrote does the president have the authorization to kill an american with a drone to kill an american not engaged in...
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Mar 25, 2013
03/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. find out with venus embrace. every five-bladed stroke gives you 360 degrees of smooth for goddess skin you can feel and feel. ♪ i'm your venus only from venus embrace. bill: this rock is the size of a golf cart, and it went barreling down a mountain in hawaii in the middle of the night crushing two cars before split nothing half and crashing into the neighbor's garage. >> i was in the bedroom, and then when i was sleeping i heard the rumbling. >> just a heavy -- it was really bad. bill: it was the middle of the night. no one was injured. heather: good thing. all right so growing concerns for the future of u.s. cities as stoc stockton, california heads to bankruptcy court. they racked
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. find out with venus embrace. every five-bladed stroke gives you 360 degrees of smooth for goddess skin you can feel and feel. ♪ i'm your venus only from venus...
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to the speculators so i want to look at the same sort of deposit levy the savings levy the savings tax the wealth confiscation that has happened over in the u.s. and u.k. already for years now first this is a tweet from jim rickards if you think u.s. is different from cyprus it's not four hundred billion dollars per year goes from depositors to banks via fed rate policy fast shade. the interest rate policy is our bank theft by another name but that didn't get the economy stimulated the way they wanted it to but these steps are still there that were incurred by the banks who took all the money so now they're just going to give up all pretense of enacting a policy and they're just going to reach in and steal your money. and let's see what has happened in the u.k. which has had radical quantitative easing and we've talked often to save our savers simon rose well he's got actual he's broken down the exact number the exact pounds that have been stolen from pensioners and savers for years of savers propping up the banks and subsidizing debt save our savers has cost. later that the total cost
to the speculators so i want to look at the same sort of deposit levy the savings levy the savings tax the wealth confiscation that has happened over in the u.s. and u.k. already for years now first this is a tweet from jim rickards if you think u.s. is different from cyprus it's not four hundred billion dollars per year goes from depositors to banks via fed rate policy fast shade. the interest rate policy is our bank theft by another name but that didn't get the economy stimulated the way they...
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Mar 18, 2013
03/13
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i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an entire campaign going on. it did not happen by accident. >> here's what i want to do. two sound bites from this week, two different visions of the road ahead. let's play that and get some reaction. >> we don't need a new idea. there is an idea. it's called america. and it still works. >> the gop of old has grown stale and moss covered. i don't think we need to name any names, do we? >> one of the things he means i think, senator mccain, or picked a fight with hawks in the republican party. who's the face right now? what does it mean to be a conservative in the party right now? >> i don't think we know. i think t
i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an...
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Mar 26, 2013
03/13
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. >> it is goodbye to the low-tax business model that attracted lots of money a broad, a huge number of inking jobs will go. the country's a second-biggest bank, lockheed, will be submerged into the bank of cyprus. that's a, too, will be radically structured. euros will remain frozen. 30% will be taken to help sort out the thanks debts. under this new plan, deposits under 100,000 euros will be protected. the measures will not only affect foreign investors, many will lose out as well. there are barely any provisions with -- people have been supporting themselves in old age. the deposits are now in danger. >> up to now, the people have been extremely calm. and it is the people that have been great, not the politicians in this. the first attempted to deal for cyprus was voted down by the country's parliament. this time around, there approval is not required. >> let's go now live to make who is standing by for us and has the latest. nathan, the president was scheduled to address the nation as of this hour. it is a little bit late. what is he expected to say? >> there have been three dela
. >> it is goodbye to the low-tax business model that attracted lots of money a broad, a huge number of inking jobs will go. the country's a second-biggest bank, lockheed, will be submerged into the bank of cyprus. that's a, too, will be radically structured. euros will remain frozen. 30% will be taken to help sort out the thanks debts. under this new plan, deposits under 100,000 euros will be protected. the measures will not only affect foreign investors, many will lose out as well....
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is this we have to give them to everyone who took us to war and i think many americans of what that tax dollars were used to kill people in iraq and so people have to be held accountable i think on the eve of the tenth anniversary so with a fortune if you look at these issues thank you so much roger our communications director dan american and the arab anti-discrimination committee appreciate your time and thank you so much that's all the time we have for today we'll see you tomorrow. and. when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to want just a bed longer. is the dream of millions of migrants the children might choose their own motherland. is. i want my children to win over moscow. russia has become their stepmother land. migrants working hard to find a way home.
is this we have to give them to everyone who took us to war and i think many americans of what that tax dollars were used to kill people in iraq and so people have to be held accountable i think on the eve of the tenth anniversary so with a fortune if you look at these issues thank you so much roger our communications director dan american and the arab anti-discrimination committee appreciate your time and thank you so much that's all the time we have for today we'll see you tomorrow. and. when...
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Mar 25, 2013
03/13
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LINKTV
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he has got his tax hikes. it is time to focus on the real problem in washington, and that is spending. >> house speaker john boehner. professor, your response? also, the obama administration was warning catastrophe is sequestration took place. it took place. >> it is a stunning comment on our dysfunctional government built on top of a dysfunctional economy. here we are in the middle of a crisis. we have millions of people without work. millions of people are losing their homes. we have an economy that does not work for the vast majority. the u.s. government is one of the major customers for goods and services in america. sequestration is simply a cutback in government spending. it does not take rocket science to understand that if the government of the largest single buyer of goods and services cuts back on the goods and services it buys, that means companies across america will sell less and they will have less need of workers and it will lay off workers. so this is in fact that worsens and employment is alre
he has got his tax hikes. it is time to focus on the real problem in washington, and that is spending. >> house speaker john boehner. professor, your response? also, the obama administration was warning catastrophe is sequestration took place. it took place. >> it is a stunning comment on our dysfunctional government built on top of a dysfunctional economy. here we are in the middle of a crisis. we have millions of people without work. millions of people are losing their homes. we...
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Mar 22, 2013
03/13
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so basically taxed and regulated the industry. this is much more different than even what is the case in places like amsterdam where everybody thinks it's sort of, you everywhere. this is even more expansive than that. this is two states but people that are believers in the industry really think that this opens the pathway for legalization, you know, in many more states down the road and the opening of a huge industry. >> lee, your article also mentions this network that links up marijuana startups with investors but you write that this is not just a bunch of pot heads sitting around sharing ideas. who are these people? >> no. that's what's most interesting. that's what shows you that this is really an industry that people have high hopes on. this is a -- this company basically brings entrepreneurs into a room with potential investors and lets them kind of give their elevator pitch and the entrepreneurs can meet with the investors and do deals of whatever kind they want. the kinds of investors coming to these meetings are basicall
so basically taxed and regulated the industry. this is much more different than even what is the case in places like amsterdam where everybody thinks it's sort of, you everywhere. this is even more expansive than that. this is two states but people that are believers in the industry really think that this opens the pathway for legalization, you know, in many more states down the road and the opening of a huge industry. >> lee, your article also mentions this network that links up...
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Mar 21, 2013
03/13
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LINKTV
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on wednesday, parliament rejected an eu proposal to tax people. remain closed until next week. now we can join peter sharp. hopefully you can hear me can what seems to be on the table for parliament? to sit in at is due few hours time. if all goes well, they will have in front of them plan b, which fiveway of finding the they 5.8on euros -- billion euros needed. we think inb may include something like this, but basically cyprus will be nationalizing its banks, it's pensions and taking the church property that has been offered to them and putting that in a pile and issuing bonds out of that. they hope that will come up with the necessary 5.8 billion. properties include 2 billion. the talks have been going on all day. russia hasn't come up all day. the talking will continue. when the members of parliament meets here in a few hours time, hopefully they'll be something on the table that they will be able to vote on. >> define a balancing act for tryingrus government and to keeping you the eu happy and the people on the ground. what is happening on the streets? >> i think the financ
on wednesday, parliament rejected an eu proposal to tax people. remain closed until next week. now we can join peter sharp. hopefully you can hear me can what seems to be on the table for parliament? to sit in at is due few hours time. if all goes well, they will have in front of them plan b, which fiveway of finding the they 5.8on euros -- billion euros needed. we think inb may include something like this, but basically cyprus will be nationalizing its banks, it's pensions and taking the...
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Mar 24, 2013
03/13
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for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance, i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the idea of health insurance. >> chris: i want to go back to your filibuster, in which you argued against the president's drone policy, especially, with regard to targeting of american citizens on american soil. after you would filibuster for 13 hours, you got this letter from attorney general holder, in which he wrote: does the president have the authority to use a weaponized drone to kill an american not engaged in combat on american soil? the answer to that, is no. senator paul, after your filibuster you said you were happy with that letter, but, in fact, doesn't it leave a huge loophole because it seems to me, what attorney general holder is saying, just by implication, or -- is that the president does have the authority to use the drone strike on an american on u.s. soil, who is involved in combat. >> well, see, here's the thing, i have never argued against -- if pe
for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance, i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the idea of health insurance. >> chris: i want to go back to your filibuster, in which you argued against the president's drone policy, especially, with regard to targeting of american citizens on american soil. after you would filibuster for 13 hours, you got this letter from attorney general...
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Mar 19, 2013
03/13
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higher taxes support even higher spending. this is the typical tax and spend budget. this budget was crafted as if we don't even have a spending problem or a debt crisis. this budget assumes everything is just fine and everything will work out if we simply proceed forward on the current path of tax and spend. this budget represents a missed opportunity. you don't have to take my word for it. editorial writers across the country have made similar statements about this budget. a "washington post" editorial called it a complacent budget plan. they wrote that the majority budget fails to recognize the long-term fiscal problems. i'd like to quote -- "partisan in tone and complacent in subject. it scores points against republicans and reassures the political liberal base but deepens these senators' commitments to an unsustainable policy agenda." further quoting -- "in short, this document gives voters no reason to believe that democrats have a viable plan for or even a responsible public assessment of the country's long-term fiscal predicament." end quote. the "chicago trib
higher taxes support even higher spending. this is the typical tax and spend budget. this budget was crafted as if we don't even have a spending problem or a debt crisis. this budget assumes everything is just fine and everything will work out if we simply proceed forward on the current path of tax and spend. this budget represents a missed opportunity. you don't have to take my word for it. editorial writers across the country have made similar statements about this budget. a "washington...
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Mar 23, 2013
03/13
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housing which is positive and may be offsetting in terms of what washington has taken away by tax increases and sequestration it is a small episode. >> let's dig deeper. do you think that the level of profit growth will not justify any real further expansion of the price earnings multiple or what? >> i would say the first part, yes. if you look at profits they are very, very strong and have been for a while but it is a maturing earnings cycle. also in this environment the u.s. economy is growing more like 2% and a lot less like 4 in that environment pricing is going to be challenged and the top line sales is not going to be universal for all firms. it will be balance sheet by balance sheet and case by case. security collection becomes far more important. >> i was going to say as you point out the profit growth picture has been pretty good but we are getting at the mature point in that cycle and the forecast is about 1% or 2% overall growth. there are always ways to make more money than the index tracking would lead you to believe. where do you think the pockets of possible better than avera
housing which is positive and may be offsetting in terms of what washington has taken away by tax increases and sequestration it is a small episode. >> let's dig deeper. do you think that the level of profit growth will not justify any real further expansion of the price earnings multiple or what? >> i would say the first part, yes. if you look at profits they are very, very strong and have been for a while but it is a maturing earnings cycle. also in this environment the u.s....
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Mar 18, 2013
03/13
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CNBC
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with the appeal of this tax on deposits, is it, in effect, people who are not merely cyprus tax voters and payers. >> why doesn't russia come and bail them out because essentially russia is just putting money back into its own pocket. the challenge comes again when these voters, voters get in the way. would they pallet giving taxpayer money in russia to them because that's who has the deposits. >> you're assuming a level of democracy in russia that may not exist. seems to me that the putin government could do anything that it wants. >> or half the parliament doesn't have its money in cyprus as well. >> you didn't say politicians. >> we should say that rich russians have been keeping money in cyprus for decades. even during communism. so there's a huge tradition there deep into politics. deep in politicians. that's part of the why. >> why is the u.s. interest and the interest of the imf when it comes to this issue? are they happen p by to so the these guys who have been seeking a tax haven lose money because as you point out they've been going after what happened in switzerland. if the
with the appeal of this tax on deposits, is it, in effect, people who are not merely cyprus tax voters and payers. >> why doesn't russia come and bail them out because essentially russia is just putting money back into its own pocket. the challenge comes again when these voters, voters get in the way. would they pallet giving taxpayer money in russia to them because that's who has the deposits. >> you're assuming a level of democracy in russia that may not exist. seems to me that...
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Mar 19, 2013
03/13
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tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and expose the offshore tax havens that cost us over $300 billion a year in taxes owed to the united states, people that park their money in far-away places with strange-sounding names end up escaping tax liability. why do we let that happen? the average family across america, the average business across america can't escape and doesn't even try to escape its liability. yet, we built into the tax codes these cayman island little fiascoes in bermuda and all the places they head to. we could put an end to that in a
tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and...
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or you can tax it ok and those rules don't change you know big. chair there's not much i can do different what i might do would start cutting some of the you know what i would consider forge an activity and waste out but if you do that you want a political problem so you know it doesn't matter who you bring it you know you can bring in. you know and you still have the problems the best way and the most efficient way to cure the central banks problem is to flush out the unproductive assets in order to do that you have a graphic real losses dollars that have to take a loss right and not going to happen. exactly all right let's talk about the technology space you made one of the best calls of the decade sell apple at seven hundred by google nobody else is making that call the time one of the best calls of the past ten years by far now let's talk about apple a little bit ministers' apple's cash hoard could hit one hundred seventy billion this year is that what's going on there tells saving money as a call option on the future that's basically it is th
or you can tax it ok and those rules don't change you know big. chair there's not much i can do different what i might do would start cutting some of the you know what i would consider forge an activity and waste out but if you do that you want a political problem so you know it doesn't matter who you bring it you know you can bring in. you know and you still have the problems the best way and the most efficient way to cure the central banks problem is to flush out the unproductive assets in...
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Mar 19, 2013
03/13
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tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning chris. you were on with grover norquist. >> caller: thank you. thank you for c-span. mr. norquist, i think there is a big problem. perception is everything when it comes to marketing and it's the perception that the democrats are able to get across because the democrats, they know their audience and they know who their pandering to. and they treat them like stupid children. i will give you an example. you remember when the bush tax cuts first came out and tom daschle and dick gephardt were the minority leaders. they didn't have anything. they didn't have the house and they didn't have the senate or the wh
tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning...
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Mar 22, 2013
03/13
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it was all tax increases. $620 billion tax increase. and over the course of the president's first term, we got a trillion-dollar tax increase with obamacare. you add those things together with some other tack increases that have been added on, it's over $1.7 trillion in new taxes, new revenues, as they say. we want balance. you have $1.7 trillion in new revenue already. and then they are talking about another $1.5 trillion in taxes. really? i mean, where's the balance in that? this is all about raising taxes, growing government at the expense of the economy. and i would say to my colleague from alabama, we're going to vote on an amendment here pretty soon by the senator from new hampshire, senator ayotte, which says -- which raises a point of order against any tax increase that would occur until the unemployment rate gets back down to 5.5%, because 5.5% is what the administration said back in 2009, the president and the white house said would be the unemployment rate by now without the stimulus. and it's hard to feature that after spend
it was all tax increases. $620 billion tax increase. and over the course of the president's first term, we got a trillion-dollar tax increase with obamacare. you add those things together with some other tack increases that have been added on, it's over $1.7 trillion in new taxes, new revenues, as they say. we want balance. you have $1.7 trillion in new revenue already. and then they are talking about another $1.5 trillion in taxes. really? i mean, where's the balance in that? this is all about...
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is this we have to give them to everyone who took us to war and i think many americans of what that tax doubles used to kill people in iraq and so people have to be accountable i think people to think that so good a fortune if you look at these issues thank you so much roger our communications director the american and the arab anti-discrimination committee appreciate your time and thank you so much that's all the time we have for today we'll see you tomorrow. we speak your language. or music programs documentary some spanish matters to you breaking news a little turn to angle this story. so you hear. it all to spanish find out more visit. wealthy british style it's time to. go. to the. market. find out what's really happening to the globally. financial headline news to report. a clear image of iraq after inflation. twenty day taxi trip through the country. the roads full of dangerous. clear evidence from north to south. the roots of iraqi tragedy. after the war waiting for peace. for. military operations. people. to to continue . hold it. hold of. her mother live. at the end of the spe
is this we have to give them to everyone who took us to war and i think many americans of what that tax doubles used to kill people in iraq and so people have to be accountable i think people to think that so good a fortune if you look at these issues thank you so much roger our communications director the american and the arab anti-discrimination committee appreciate your time and thank you so much that's all the time we have for today we'll see you tomorrow. we speak your language. or music...
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and it's thursday so that means it's time to talk tax did you know twitter turned seven today and they have obtained. what does this mean for those of us that tweet will find out later in the show. it's thursday march twenty first four pm here in washington d.c. i'm liz wall and you're watching our team begin today with guantanamo bag as a hunger strike there continues a general is now telling us that the base needs one hundred seventy million dollars for repairs general john kelly the top commander of the u.s. southern command says the base is in dire need of upgrades he says the barracks and dining hall are deteriorating there general kelly says these repairs are critical for u.s. troops stationed in guantanamo but he says conditions detainees are living in are just find this out their prisoners are still on a hunger strike after forty four days they say it's to protest the conditions they live in and that copies of the koran were taken from them and mishandled by general kelly says the reason for the prisoners going on strike is because they're angry at the president for not closing
and it's thursday so that means it's time to talk tax did you know twitter turned seven today and they have obtained. what does this mean for those of us that tweet will find out later in the show. it's thursday march twenty first four pm here in washington d.c. i'm liz wall and you're watching our team begin today with guantanamo bag as a hunger strike there continues a general is now telling us that the base needs one hundred seventy million dollars for repairs general john kelly the top...
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Mar 24, 2013
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property taxes are down. it's time for new solutions. >> shannon: other districts have allowed company representatives to spend time in the classroom, further pushing the domain at the kids. an increasing number of parents are concerned that it's a cynical ploy by corporations. >> the companies are noting did this out of the goodness of their heart. they are doing because they want to get the lifetime brand loyalty. school districts really need tong about this. this is not a donation. this is -- this is corporations looking to target children. >> shannon: and advertising to children is more than turning thome future consumers tleads to childhood obesity and violence. >> jamie: we report, you decide. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it.
property taxes are down. it's time for new solutions. >> shannon: other districts have allowed company representatives to spend time in the classroom, further pushing the domain at the kids. an increasing number of parents are concerned that it's a cynical ploy by corporations. >> the companies are noting did this out of the goodness of their heart. they are doing because they want to get the lifetime brand loyalty. school districts really need tong about this. this is not a...
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Mar 21, 2013
03/13
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premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and grandchildren, and here we are in washington, d.c., debating yet more policies that are going to hurt the economy, that are going to -- that are going to crush job creation in this country and lower take-home pay for those very middle-class american families. and so this is the wrong approach, mr. president. i hope that as we debate this we'll have an opportunity to vote on amendments. perhaps there is a way in which we could make this better. i doubt that to be the case. this budget is so far off in terms of where we need to be going as a country, if we're serious about getting the economy growing a
premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and...
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Mar 22, 2013
03/13
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want it all of the taxes, they just audit some of the taxes. that enables the system to function. considering that 98% of the client approved in the end, we should be simply taking all the new claims, approving them to a minimum level, auditing a small subset, and giving them a final resolution within five years. the medical system, of bluecross blueshield, processes 30 million medical claims a year. they'd do 9% them within 30 days, and we should be able to do the same thing. those are some of my suggestions. the gentleman in a yellow tie. >> i am a vietnam veteran who is getting care at the local va. one of the biggest hazard sometimes it is the claims person who determines what kind of claim you get. orangeerefore agent related. i had a stroke, and they did not decrease my allotment, but getting back to what you have now, it is like you have in the regular committee. community. the vietnam veteran, and now the iraq-afghanistan veterans. the vietnam veterans are getting geriatric care, that will drive the cost of a lot. >> i think that the te
want it all of the taxes, they just audit some of the taxes. that enables the system to function. considering that 98% of the client approved in the end, we should be simply taking all the new claims, approving them to a minimum level, auditing a small subset, and giving them a final resolution within five years. the medical system, of bluecross blueshield, processes 30 million medical claims a year. they'd do 9% them within 30 days, and we should be able to do the same thing. those are some of...
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Mar 25, 2013
03/13
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the local government raising taxes and puttings levies on some bank deposits. greg palkot is live outside parliament in the capitol of cyprus with more. greg? >> reporter: hey, jenna, the folks in cyprus right now are breathing a sigh of relief. they have avoided going under but at a cost. the deal struck with the european union was a tough one. probably why we saw protests here every day we've been here. one big bank will be shut down of the that will cost jobs. money from accounts of big uninsured depositers will be seized to the tune of 30% or more. small depositers will be spared but the little guys will suffer another way. the economy here is set to slow down. here is what we felt out on the streets of nicosia hire today. you might get some cash out of atm. in cyprus and there might be a bailout in place but in fact it is a holiday in this country. we talked to the folks here and their mood is definitelily not sunny. old money. you think that is better than the new money, the euros because of what happened? >> yes. because, before we believed europe is wit
the local government raising taxes and puttings levies on some bank deposits. greg palkot is live outside parliament in the capitol of cyprus with more. greg? >> reporter: hey, jenna, the folks in cyprus right now are breathing a sigh of relief. they have avoided going under but at a cost. the deal struck with the european union was a tough one. probably why we saw protests here every day we've been here. one big bank will be shut down of the that will cost jobs. money from accounts of...
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Mar 20, 2013
03/13
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it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of spending $46 trillion over the next 10 years, as we're currently poised to spend, we spend $41 trillion. instead of growing spending 5% a year we grow at 3.4% a year. with all the predictions of doom and gloom and how evil and terrible and horrible or budget is, it increases spending every year by 3.4% a year instead of 5% a year. the difference is we balance the budget. the difference is we let families keep more of their own take-home pay. the difference is we make sure our kids inherit a debt-free future. the difference is w
it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of...
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Mar 18, 2013
03/13
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tax pains. scott from the tax foundation is going to be joining me next as we kick off a week long series on what is sure to be painful. your tax appointment. we'll be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. bottom of the hour, time for stocks now like every 15 minutes. nicole, you are watching jcpenney, stock is jumping, good news for a change for these guys. >> that's right. don't forget long term jcpenney has been under pressure the last 51 -- 52 weeks, we have -- up 9.5% at 1694 right now. a couple stories the the first is that isi is comments on jcpenney, and while they seem that they were moving forward some serious financial problems, isi had another option saying they should isolate the top 300 locations and convert them into an entity, and that is
tax pains. scott from the tax foundation is going to be joining me next as we kick off a week long series on what is sure to be painful. your tax appointment. we'll be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. bottom of the hour, time for stocks now like...
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Mar 22, 2013
03/13
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are we about to see a national internet tax, a tax on everything you buy online? it is on the hill today, and you need to see this report before your next click. and no more carrots. remember those thing. american tourist. you couldn't fit that in a carry-on if you tried. a major carrier experimenting with no more carry-s on. leave the luggage behind. you goat sit down first. it's a big change in the way america waits in line and flies away. sue is off today. simon is at the new york stock exchange. simon? >> and tyler, i'm slightly concerned for your european whack a mole you seem to have a very brutal hammer. let's move on and check where we are with the markets. after so many golden weeks of gains, it's been a little bit rough, but about 90 minutes ago we went positive. the dow went positive for the week. we were up over 90 points just shy of that, as you can see. let's have a look at where we are on the s&p right now. 1555 as we head into the weekend. we'll check on golds and brented a we work our way through the program. let's see what the mood of bob pisani
are we about to see a national internet tax, a tax on everything you buy online? it is on the hill today, and you need to see this report before your next click. and no more carrots. remember those thing. american tourist. you couldn't fit that in a carry-on if you tried. a major carrier experimenting with no more carry-s on. leave the luggage behind. you goat sit down first. it's a big change in the way america waits in line and flies away. sue is off today. simon is at the new york stock...
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Mar 24, 2013
03/13
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in a state like the united states, the population pays taxes and the government is accountable and that system is not there in iraq. whoever oversees oil seizes power. that is a major factor in conditioning the mentality of the group that rules. they put their hand on that and they will not let that go. coming back to the sunnis, i remember growing up in a country where the sectarian divisions were not really relevant. we did not who was sunni or shia. a sectarian policies of regime and the oppression he imposed on the shia, this sense of being persecuted was strong amongst the snia. the opportunity came, there was a segment, the islamists, who were thinking now, we have got it, we will never let it go. it will be a shia government. that put the sunnis a difficult position, and in the early days they brokered the political process. that did not work. they then joined in it. that is not working. now they are caught in a difficult position. they do not want to go to the extreme where al qaeda is because they get themselves where victims of al qaeda. at the same time, they are being margin
in a state like the united states, the population pays taxes and the government is accountable and that system is not there in iraq. whoever oversees oil seizes power. that is a major factor in conditioning the mentality of the group that rules. they put their hand on that and they will not let that go. coming back to the sunnis, i remember growing up in a country where the sectarian divisions were not really relevant. we did not who was sunni or shia. a sectarian policies of regime and the...
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Mar 25, 2013
03/13
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the tocks on deposits will be determined today. 40 percent of people's money could be taxed. it's interesting. this is like a tax the rich kind of thing going on there. >> all of the russian have their money parkd in cyprus. they had an opportunity to save cyprus, not so productive there. if you have less than 130,000 dollars in that bank it is okay. it is safe and it goes to the biggest bank in cyprus the bank of cyprus. >> the good news it won't hurt or markets. >> cyprus isn't out of the woods just yet. moody agency warning it is still at risk of default and it can exit the euro. that could see the euro zone through out the entire content. they will have painful consequences for cyprus. the gdp will be negative for quite sometime. right now there is how much money can be taken out of the atm 100 euros a day. there's panic over there. >> stars are going through and we don't want to have it here. >> it is time to take a look at who is talking this morning we are looking at the continuing national debate on guns. new york city mayor on michael bloomberg announcing a $12 milli
the tocks on deposits will be determined today. 40 percent of people's money could be taxed. it's interesting. this is like a tax the rich kind of thing going on there. >> all of the russian have their money parkd in cyprus. they had an opportunity to save cyprus, not so productive there. if you have less than 130,000 dollars in that bank it is okay. it is safe and it goes to the biggest bank in cyprus the bank of cyprus. >> the good news it won't hurt or markets. >> cyprus...
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Mar 23, 2013
03/13
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we don't want to keep raising taxes. $1.6 trillion tax increase is beginning this year. we don't want to do more of that, we think it will hurt the economy. spending is the problem. under our budget, spending grows 3.4% on average every year, and just restraining the growth of spending like that gets it to a balanced budget. hopefully somewhere between our budget, spending cuts we have, reforms we have, we can find some common ground. we need to keep talking and hopefully at the end of the day, now that we have a budget process that's moving, find common ground and get agreement to get a down payment on the problem. >> in april, the president will release his own budget. there will be a house budget, senate budget, the president's budget. do you believe based on the luncheon that you had with the president that he is ready to make compromises, that you're ready to make compromises, by end of july, early august there will be what we call a grand bargain? >> i think it would be helpful to the process if he made them publicly, if he said on paper here is what i am willing t
we don't want to keep raising taxes. $1.6 trillion tax increase is beginning this year. we don't want to do more of that, we think it will hurt the economy. spending is the problem. under our budget, spending grows 3.4% on average every year, and just restraining the growth of spending like that gets it to a balanced budget. hopefully somewhere between our budget, spending cuts we have, reforms we have, we can find some common ground. we need to keep talking and hopefully at the end of the day,...